Corporate Tax Manager

ADNOC - Distribution is seeking a Corporate Tax Manager in Abu Dhabi. The role involves developing and implementing the group's taxation strategy, managing the Group Tax Department, ensuring tax compliance, and liaising with authorities. Key responsibilities include leading tax reporting frameworks, advising on tax policies, and managing royalty and tax payments. This is a full-time position based in the UAE, indicating it is not remote.
Job description
RoleEmployment
Full Time JOB PURPOSE
Contribute to the development and lead the implementation of the group taxation strategy
contribute to the development of a world class taxation function across the ADNOC group
manage the activities of the Group Tax Department
and provide related advice and support across the ADNOC Group
HQ and Group Companies

in order to ensure overall Federal and Emirate Tax compliance
the realisation of tax reporting requirements
and to support the protection of the companys reputation
KEY ACCOUNTABILITIES
Job Specific Accountabilities Taxation Strategy
Policies and Procedures
Contribute to the development and lead the implementation of the Group taxation strategy
including a prioritised Tax Operating Model roadmap to help ADNOC Group identify and meet the changing tax obligations and manage ADNOC Groups overall tax risk profile

Contribute to Tax function documentation and continually evolve and update

Statement of Function
Process flow charts
Tax Policies and procedures across the ADNOC VAT Group

Contribute to and advise on updates or changes to be made to process flows of other departments and directorates
to ensure tax compliance is embedded within their processes

Manage the activities of the Group Tax Department
being responsible for overall Emirate
Federal Tax Compliance and advice encompassing Royalties and Tax
Value Added Tax
in line with centrally developed policies
procedures and guidelines
in order to protect the ADNOC brand

Acts on behalf of the Vice President
Tax
in case of absence

Lead the implementation of an end to end tax control reporting framework
to ensure increased transparency in VAT reporting across the Group
Tax Representation
Act as a liaison for Group Tax with the Federal Taxation Authority
International Partners and Group Companies
as directed by the VP
Tax

Contribute to the taxation relationship between ADNOC Group and Joint Ventures
SPC and the Department of Finance Abu Dhabi
as directed by the VP
Tax

Liaise with Ministry of Finance to request and obtain tax residency certifications
when required
on behalf of the ADNOC Group companies
in order to take advantage of Double Taxation Agreements signed by the UAE with other tax jurisdictions across the globe

Act as a focal point for Tax technical input in relation to strategic decisions
major projects and large value transactions

Serve as tax representative on multidisciplinary committees such as Group Internal Audit and Risk Management regarding transactions and other businesss initiatives as per VP
Tax recommendation to GCFO
Internal and External Reporting
Lead the preparation and submission of required consolidated reports to the Department of Finance and Federal Tax Authority for the Group

Review the accuracy of the monthly and quarterly forecasts of Royalties and Tax

Prepare the VAT compliance reports and statistics to senior management
to monitor payments and refunds and impact on ADNOC and Group cash flow
Royalties and Tax
Manage the calculation and payment of Royalties and Tax payments to the Abu Dhabi fiscal authorities

Manage the submission of approved monthly statements to the Abu Dhabi fiscal authorities and active participation in discussions with the fiscal authorities of issues arising from tax submissions

Contribute to the development
implementation and continual evolvement of the Royalty and Tax Framework with fiscal authorities to ensure a coherent
practical procedure is in place for the calculation and payment of due tax

Manage all the tax compliance requirements by External Auditors
Internal Auditors
Advisors of SPC and other external parties
to provide assurance on ADNOC and Groups tax compliance in line with policies and procedures

Contribute to the optimisation of Royalty and Tax accounting control processes and functional structure
to optimise control and reporting processes

Contribute to any new key Royalties and Tax fiscal term arrangements
or amendment to existing arrangements

Coordinate with Treasury and Accounts Payable regarding the payment of Royalties and Tax

Prepare quarterly movement schedule for Royalties and Tax and perform reconciliations with the liability and expense accounts

Manage the quarterly reconciliation of system generated Royalties and Tax to financial statements
and compute and adjust for any over or underpayments

Manage necessary Royalties and Tax adjustment calculations in terms of crude settlements
deemed purchases etc
involving changes in concessions involving international shareholders

Liaise with external auditors regarding year end Royalties and Tax reconciliations and adjustments

Coordinate any ongoing and future audits conducted by the Department of Finance for Tax and Royalties and respond to any queries posed by fiscal authorities

Provide expert Royalties and Tax advice to ADNOC HQ directorates and external stakeholders

Act as custodian for the Royalties and Tax module in SAP
and recommend any required enhancement for Royalty and tax Module in SAP
Escalate any system matters to Vice President
Tax
Value Added Tax
VAT

Manage and review the accuracy and timely compliance with VAT Policy and Procedures including the end
to
end VAT Reporting Framework Compliance

Review Group Companies compliance with VAT Policy and Procedures and escalate instances of non
compliance to the VP
Tax

Assess Group Companies KPI in relation to tax
related compliance and develop remedial action plans where required for annual reconsideration of KPIs to close any identified gaps

Oversee the delivery of ADNOC final Consolidated Group VAT Return for sign off by the VP Tax
before the submission to the Federal Tax Authority

Contribute with internal stakeholders such as Treasury
Accounts Payable and Accounts Receivable for the monthly
quarterly VAT Liability to and from the ADNOC Group Companies

Manage the VAT compliance and reporting for the ADNOC Group entities that are not part of the ADNOC VAT Group

Contribute to any ongoing and future audits conducted by the Federal Tax Authority for VAT
by performing related activities

Request and review periodic reports
providing assurance that VAT compliance is achieved by the ADNOC Group companies that are not part of the VAT Group
such as evidence of tax filings

Oversee the optimisation and maintenance of the VAT reporting functionality of all ERP systems within ADNOC for VAT critical aspects such as master data set up
VAT determination logic and tax code functionality

Identify and rectify failures in Tax critical systems and procedures that result in overpayment or underpayment of tax
thereby ensuring compliance and mitigation reputational risk
and escalate matters to VP
Tax when necessary
Customers and ADNOCs Group Residence Tax procedures
Optimise and streamline VAT and custom procedures across the ADNOC VAT group
related to imports and exports

Liaise with the Ministry of Finance UAE to manage tax residency and certification related matters
required by ADNOC and Group Companies for international stakeholders
Group Taxation Support and Advisory
As assigned by Vice President Tax
act as the lead Group tax advisor on tax impact of major local and foreign investment transactions
to ensure tax risk management and adherence to tax compliance requirements

Provide management input into taxation matters affecting Group Budget and cash
flow management in coordination with VP
Tax

Support and advise on any tax related concerns of ADNOCs existing International Partners and provide guidance to facilitate new partnerships supporting ADNOCs upstream and downstream directorates in coordination with VP
Tax

Provide other Group Taxation advice and support
including

Provide training programs and awareness sessions throughout the Group
Provide advice on key investment and strategic decisions of the ADNOC Group
to ensure tax risk management and adherence to tax compliance requirements in coordination with VP
Tax

Implement a comprehensive plan to mitigate any adverse impact of Tax across the ADNOC Group and to maximise cash flow efficiencies in coordination with VP
Tax

Contribute to the taxation review of major agreements between ADNOC and other parties such as partners in joint ventures
major projects
major contracts
etc

and contribute to the optimisation of such contracts
from a tax perspective taking into account the overall goal of the agreement

Cascade relevant Tax information and Tax Knowledge Management throughout the ADNOC Group in coordination with VP
Tax
Generic Accountabilities Management
Plan and supervise the activities of the personnel and resources of the Department to achieve the Division objectives in an efficient and cost
conscious manner while ensuring implementation of approved operational plans for the Department in line with Division objectives

Develop the knowledge
competencies and innovative spirit in the Department and support the establishment of Personal Development Plans
PDPs

Succession Planning and Talent pipeline within the Department in coordination with the Human Capability Group to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets
Budgets and Operational Plans
Compile and provide input for preparation of the Division budgets and regularly monitor expenditure against approved the Department budget levels

Investigate
highlight and reconcile any significant variances to ensure effective performance and cost control
Policies
Systems
Processes
Procedures
Lead the implementation of approved Department policies
processes
systems
standards
procedures and internal controls in order to support execution of the Division work programs in line with Company and International standards
Performance Management
Implement the Company Performance Management System for individuals within the Department in accordance with Company approved guidelines and continuously monitor the achievement of the Department KPIs related to the approved Annual Performance Management Contract and the Balanced Score Card
Organisation Structure and Development
Review
develop and recommend the appropriate organisation structure for the Department that will best utilise human capital while proactively incorporating sustainability into the on
going work practices to meet the business objectives
Innovation and Continuous Improvement
Encourage innovation
enhance employee motivation and support initiatives for implementation of Change Management to continuously improve operations and services

Propose improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the Department
Health
Safety
Environment
HSE
and Sustainability
Support the institution of an HSE culture and ensure compliance with relevant HSE policies
procedures
systems
controls and applicable legislation and sustainability guidelines across the Department in line with international standards
best practices and ADNOC Code of Practices

Ensure adequate HSE training and induction for all Department employees to meet HSE standards
Management Information Systems
MIS
and Reports
Prepare all Department MIS and progress reports to provide accurate and timely reports and necessary information to Company Management to effectively manage the business
COMMUNICATIONS
WORKING RELATIONSHIPS
Internal
Vice President
Tax
Legal Governance
Compliance Unit
Group Treasury
Risk Management Unit
Group Procurement Unit
Group Information Technology Unit
Group Communication
Corporate Social Responsibility Unit
Government Relations Section
Internal Auditors in connection with taxation issues

Marketing Supply
Trading Directorate
Any other Directorate
Unit
Departments
as required
ADNOC Group Companies External
External Auditors
up to partner
in
charge
in connection with taxation issues

Federal Tax Authority

Coordinate with Federal Tax Authority and all Group entities in line with direction provided by VP
Tax

Other local Tax Authorities
when required QUALIFICATIONS
EXPERIENCE
KNOWLEDGE
SKILLS
Minimum Qualification
Bachelors Degree in Accounting
Economics or related subject
Minimum Experience
Knowledge
Skills
15 years relevant experience in Value Added Tax
or similar direct or indirect tax
at either Big 4 Accounting Firms or within oil and gas industry
and with at least 7
years experience in positions related to leadership
management
Professional Certifications
GCC VAT Diploma
ADIT TECHNICAL COMPETENCIES

As per approved Competency Dictionary
behavioural CompetenciEs

As per approved Competency Dictionary
WorK Condition
Physical Effort Work Environment
Minimal

Normal office environment
About the CompanyWe are one of the worlds leading energy producers
and a primary catalyst for Abu Dhabi

s growth and diversification
We operate across the entire hydrocarbon value chain
through a network of fully
integrated businesses
with interests that range from exploration
production
storage
refining and distribution
to the development of a wide
range of petrochemical products
Since 1971
we have created thousands of jobs
driven the growth of a diverse knowledge
based economy
and played a key role in Abu Dhabi

s global emergence
Today
we continue to look for new and innovative ways to maximize the value of our resources
pioneering those approaches and technologies that will ensure we are able to meet the demands of an ever
changing energy market
and continue to have a positive impact on the Abu Dhabi economy for generations to come
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